Total monthly cost of ownership
Cost to Own a Home in Pocatello, Idaho
A $241,000 home here costs
$1,924per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $82,500 a year.
A standard mortgage calculator would have told you $1,324. The real number is $600 higher every month, 45% more than the payment most buyers budget for.
Compare Bannock County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Pocatello against Bannock County and Idaho
| Measure | Pocatello | Bannock County |
|---|---|---|
| Median home value | $240,600 | $267,200 |
| Median property tax | $1,852 | $1,918 |
| Effective tax rate | 0.770% | 0.718% |
| Median gross rent | $861 | $879 |
| Population | 57,152 | 88,457 |
Pocatello extends across 2 counties. Figures here use Bannock County, where most of its housing sits.
The weather behind that power bill
Pocatello sits in Bannock County, which averages a high of 87.3°F in its hottest month and a low of 14.6°F in its coldest, with 15.46" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 348 cooling and 7,219 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Bannock County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bannock County
Talk to someone who works this market
These are Pocatello averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Pocatello every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Pocatello?
A $241,000 home in Pocatello, Idaho costs approximately $1,924 per month with 20% down at 7.32%. That is $1,324 principal and interest, $155 property tax, $47 homeowners insurance, $198 utilities and $201 set aside for maintenance.
What is the property tax rate in Pocatello?
Pocatello has an effective property tax rate of 0.770%, based on a median home value of $240,600 and median real estate taxes of $1,852. That is higher than the Bannock County average of 0.718%.
What is the average home price in Pocatello?
The median owner-occupied home value in Pocatello, Idaho is $240,600, against $267,200 across Bannock County.
Is it cheaper to rent or buy in Pocatello?
Median gross rent in Pocatello is $861 a month, against $1,924 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Pocatello?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Pocatello, Idaho at today's rate takes a household income of roughly $82,500 a year. That covers the full $1,924 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Pocatello, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Idaho.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.